Prudential is a holding company. Through its subsidiaries, Co. is an international financial services group. Co. provides life and health insurance and asset management services in Asia and Africa. Co. helps individuals to get the most out of life by making healthcare affordable and accessible by promoting financial inclusion. In Asia, Co. provides savings and protection products in markets challenged by low insurance penetration and a pension funding gap. In Africa, Co. is building businesses in under-penetrated markets. Co.'s life insurance businesses are based in Chinese Mainland, Singapore, Hong Kong, Malaysia and Indonesia. We show 1 historical shares outstanding datapoints in our PUK shares outstanding history coverage, used to compute PUK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PUK market cap history over the course of time is important for investors
interested in comparing PUK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PUK versus a peer is one thing; comparing
PUK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PUK can fluctuate over the course of history.
With this page we aim to empower investors researching PUK by allowing them to research the PUK market cap history. |
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Video: The Importance of Market Cap
